BNBCalc Short Term Rental Investment Analysis 637 Clove Road, Staten Island, New York 10310, United States

5 bed • 4 bath • 12 guests • $835,000

BNB

Calc

Annual Revenue

$105,556

Profit (Cash Flow)

$22,427

Cap Rate

9.4%

Annual Revenue

$105,556

AirDNA projects $425/night at 68% occupancy ($105,555).

BNB Calc projects a 68% occupancy rate, $425 rate per night.

Revenue Percentile (property's earnings compare to others in the market}

Return Metrics

10.93% cash on cash return is a good return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$22,426	$44,853	$67,280	$89,707	$112,134	$224,268	$672,804
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$668,000	$668,000	$668,000	$668,000	$668,000	$668,000	$668,000
Down Payment	$167,000	$167,000	$167,000	$167,000	$167,000	$167,000	$167,000
Property Appreciation	$25,050	$50,851	$77,427	$104,799	$132,993	$287,170	$1,191,764
Total Return	$882,476	$930,705	$979,707	$1,029,507	$1,080,127	$1,346,438	$2,699,569

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

10.93%

Cap Rate

9.43%

Return on Investment

27.15%

637 Clove Rd Staten Island, New York, 10310-2736

5 bed • 4 bath • 12 guests

Purchase Price

Est. $4,005/mo

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$835,000

Zestimate

$105,556

Annual Revenue

Projected nightly rate is $425/night at 68% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$22,427

Profit

Revenue

$105,556

Operating Expenses

$26,802

Operating Income

$78,753

Mortgage & Taxes

$56,326

Profit (Cash Flow)

$22,427

$205,050

Cash Investment

Down Payment

$167,000

Renos & Furnishing

$13,000

Closing Costs

$25,050

Total

$205,050

DSCR Ratio

Strong

1.40

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

10.93%

Cap Rate

9.43%

Return on Investment

27.15%

STR Tax Calculator (USA)

On purchasing a large business asset, you can subtract the depreciation value from your taxable income in order to pay less income tax. Use this calculator to find out how much you can save. Read tax guide.

Your current annual income

Your income tax rate

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$39,630

Deductible property tax

$8,267

Your total deduction

$56,881

Your adjusted annual income

$150,000 - $56,881 = $93,119

Taxes on $93,119 (30%)

$27,936

Your old tax bill

$45,000

Your new tax bill

$27,936

Estimated tax savings

$17,064

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

4,356 sqft

Year built:

1915

Size:

1,752 sqft

Type:

SFR

Parking:

Heating:

NONE

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
20 Clove Lake Pl	-	-	2,892	-	5,290	2000	$600,000	-
40 Allen Ct	-	-	1,792	-	4,340	1910	$862,500	101
72 Purcell St	-	-	1,752	-	3,700	1920	$675,000	-
39 Clove Lake Pl	-	-	992	-	3,200	1915	$699,000	91
18 Clove Lake Pl	-	-	1,236	-	3,927	1915	$525,000	-
66 Haughwout Ave	-	-	936	-	3,000	1915	$518,000	75
57 Josephine St	-	-	1,602	-	2,924	1925	$650,000	237
21 Purcell St	-	-	1,170	-	2,112	1930	$520,000	-
49 Purcell St	-	-	1,204	-	3,256	1930	$529,900	-
24 Purcell St	-	-	1,360	-	2,950	1970	$0	-

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 2

Lot size: 4,356 sqft

Building area: 1,752 sqft

Garage: No

Heating: None

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: R3-1

Land Use: Residential

Parcel Number: 00313-0009

Flood Zone: No

Tax Info

Year Assessed: 2022

Assessed Value: $37,440

County Est. Land Value: $211,000

Assessed Land Value: $12,660

County Est. Structure Value: $413,000

Market Estimate: $691,758

Sale history

Date	Sale Price	% Financed	Buyer
03/26/21	$711,375	103%	Arlette Myal
07/31/20	$0	0%	Thomas Canlon

Ownership

Name: Myal Arlette

Owner Occupied: Yes

Owner Mailing Address: 637 Clove Rd, Staten Island, Ny 10310

Years Owned: 28

Home Equity: -

Mortgage Balance Remaining: $736,984

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No